»Request more details
Grayson, US
*** Hurry won't last long ****
This gorgeous, ag-exempt lakefront acreage offers an incredible opportunity to build a private ranchette or hold for investment in a booming growth corridor. Its strategic location, extensive highway frontage, and serene natural features make it highly versatile.
Key Property Highlights Prime Road Frontage: 296 feet of excellent frontage on Highway 160, positioning it well for future development or easy access.
Water Features: A beautiful 10+ acre lake located at the rear of the property, providing tranquil, scenic views.
Terrain: Scattered mature trees offer ample shade and natural character while leaving plenty of open, usable acreage.
Utilities: An 8-inch water line is noted as running in front of the property (buyers are advised to perform their own due diligence regarding utility capacities and connections).
Tax Status: Currently holds an agricultural exemption, keeping property taxes significantly lower based on productive value rather than market value.
Unbeatable Location : The property sits in the direct path of the booming North Texas growth corridor, offering a great balance of rural tranquility and ease of daily commute.
Highway 121 Access: Just under a 5-minute drive to the recently expanded Hwy 121.
Growing Neighboring Cities: About 20 minutes from the rapidly growing cities of Melissa and Anna, TX.
Major Business Hubs: Under a 40-minute drive to major DFW employment and retail centers, including Frisco, Plano, and Allen.
Disclaimer: Buyers and their agents are strongly encouraged to conduct their own due diligence with the local county appraisal district regarding the Texas Ag Exemption rules, zoning, and utilities etc.
Note : The seller is a licensed real estate agent.
Courtesy Of: Avani Texas Realty LLC
Feature Highlights
- AG Exemption
Public Schools
- School District:
- Whitewright ISD
- Elementary School:
- Whitewright
- Middle School:
- Whitewright
- High School:
- Whitewright
Interior Features
- Frontage Feet:
- 296
Exterior Features and Amenities
- Acres Cultivated:
- 10.30
- Crops:
- Coastal Bermuda,Native
- Lot Features:
- Acreage,Agricultural,Cleared,Few Trees,Level,Water/Lake View,Waterfront
- Lot Size:
- 10 to < 50 Acres
- Lot Size Area:
- 10.3000
- Lot Size Source:
- Public Records
- Lot Size Units:
- Acres
- Road Frontage Distance:
- 296
Utility Information
- Utilities:
- All Weather Road,Asphalt,City Water,Electricity Available,Outside City Limits,Sewer Not Available
Financial
- Unexempt Taxes:
- $8.00
- Tax Legal Description:
- G-0180 BROWNING W J A-G0180, ACRES 10.3
Other Features
- Will Subdivide:
- No
- Special Notes:
- Aerial Photo,Agent Related to Owner,Flood Plain,Survey Available,Verify Flood Insurance,Verify Rollback Tax,Verify Tax Exemptions
- Restrictions:
- Agricultural,No Mobile Home,Other
- Possession:
- Closing/Funding,Negotiable,Subject to Lease
- Parcel Number:
- 404358
- Easements:
- Utilities,Water Lines,Other
Directions
While driving from melissa Tx towards Trenton Take exit on Hwy 121 towards hwy 78 160 and make a left turn on hwy 160 towards whitewright texas. The property is just about 3 mins drive and it is on right side of the hwy 160.
Copyright 2026 NTREIS. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange Program of the NTREIS. Real estate listings held by brokerage firms other than SRE-Sudderth Real Estate includes the name of the listing brokers.
Data last updated: 2026-05-17.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
